Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of gold resource properties in Alaska and British Columbia.
The last earnings update was 20 days ago.
More info.

Value

Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS

It is not possible to calculate the future cash flow value for
Grande Portage Resources. This is due to cash flow or dividend data being
unavailable. The share price is
CA$0.08.

PRICE RELATIVE TO MARKET

We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for
Grande Portage Resources's
earnings,
growth
and
assets
is considered below, and whether this is a fair price.

Price based on past earnings

Are
Grande Portage Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?

Future Performance

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grande Portage Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.

Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
it right!

33.3%

Expected Metals and Mining industry annual growth in earnings.

Earnings growth vs Low Risk Savings

Is
Grande Portage Resources
expected to grow at an
attractive
rate?

Unable to compare Grande Portage Resources's earnings growth to the low risk savings rate as no estimate data is available.

Growth vs Market Checks

Unable to compare Grande Portage Resources's earnings growth to the Canada market average as no estimate data is available.

Unable to compare Grande Portage Resources's revenue growth to the Canada market average as no estimate data is available.

High Growth Checks

Unable to determine if Grande Portage Resources is high growth as no earnings estimate data is available.

Unable to determine if Grande Portage Resources is high growth as no revenue estimate data is available.

Past and Future Earnings per Share

The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.

Past performance checks

We assess
Grande Portage Resources's performance over the past 5 years by checking for:

Has earnings increased in past 5 years? (1 check)

Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)

Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)

Is the Return on Equity (ROE) higher than 20%? (1 check)

Is the Return on Assets (ROA) above industry average? (1 check)

Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)

The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Grande Portage Resources
has a total score of
0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Health

A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).

The boxes below represent the relative size of what makes up
Grande Portage Resources's finances.

The net worth of a company is the difference between its assets and liabilities.

Net Worth

Grande Portage Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Grande Portage Resources has no long term commitments.

Balance sheet

This treemap shows a more detailed breakdown of
Grande Portage Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.

Assets

Liabilities and shares

The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.

High level of physical assets or inventory.

Grande Portage Resources has no debt, it does not need to be covered by short term assets.

Historical Debt

Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.

Management

Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.

CEO

IanKlassen

COMPENSATION

CA$99,600

AGE

51

TENURE AS CEO

11.5 years

CEO Bio

Mr. Ian Mcculloch Klassen, B.A. (Hons), serves as the Director of Sixty North Gold Mining Ltd. since July 24, 2017. He has 25 years of experience in public company management, public relations, government affairs and entrepreneurialism. He served as Chief Executive Officer and President of eXeBlock Technology Corporation until June 15, 2018. He has extensive experience in public company administration, finance, government/legislative policy, media relationship strategies and project management. Mr. Klassen is the President of a North American mineral exploration company and sits on the Board of Directors of several private and public companies. He has been the President at Grande Portage Resources Ltd since April 2007. He is Chief Executive Officer of Grande Portage Resources Ltd. since September 2007 and Director since August 15, 2007 and President & Chief Executive Officer of GMV Minerals Inc. since March 2009. He served as a Director of Canabo Medical Inc. since November 9, 2016 until March 26, 2018 and served as a Director of Aleafia Health Inc. He has been a Director of GMV Minerals Inc since December 2007. He serves as a Director of eXeBlock Technology Corporation since September 13, 2017. Previous to his management activities within private and public companies, Mr. Klassen held a variety of positions within federal Canadian politics including; Senior Political Advisor to the Minister of State (Transportation); and Chief of Staff, Office of the Speaker of the Canadian House of Commons. He graduated with an undergraduate Honours Degree from the University of Western Ontario in 1989. In 1992, Mr. Klassen received the Commemorative Medal for the 125th Anniversary of the Confederation of Canada in recognition of his significant contribution to his community and country.

CEO Compensation

Ian's compensation has increased whilst company is loss making.

Ian's remuneration is lower than average for companies of similar size in Canada.

Management Team

Ian Klassen

TITLE

President

COMPENSATION

CA$100K

AGE

51

TENURE

11.5 yrs

Michele Pillon

TITLE

Secretary & CFO

COMPENSATION

CA$30K

AGE

59

TENURE

2.9 yrs

Board of Directors Tenure

Average tenure and age of the
Grande Portage Resources
board of directors in years:

7.9

Average Tenure

67

Average Age

The tenure for the Grande Portage Resources board of directors is about average.

Board of Directors

Alistair M. MacLennan

TITLE

Director

AGE

70

Ian Klassen

TITLE

President

COMPENSATION

CA$100K

AGE

51

TENURE

11.6 yrs

Art Freeze

TITLE

Member of Advisory Board

AGE

68

Dirk Hagge

TITLE

Member of Financial Advisory Board

TENURE

9.8 yrs

Doug Perkins

TITLE

Director

AGE

61

TENURE

7.9 yrs

Tom Patton

TITLE

Member of Advisory Group

AGE

75

TENURE

1.5 yrs

Ron Handford

TITLE

Director

AGE

66

TENURE

0.9 yrs

Who owns this company?

Recent Insider Trading

More shares have been bought than sold by Grande Portage Resources insiders in the past 3 months, but not in substantial volumes.

News

Simply Wall St News

The big shareholder groups in Grande Portage Resources Ltd (CVE:GPG) have power over the company. … With a market capitalization of CA$12m, Grande Portage Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Grande Portage Resources

Leading Grande Portage Resources Ltd (CVE:GPG) as the CEO, Ian Klassen took the company to a valuation of CA$6.33m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … View out our latest analysis for Grande Portage Resources

Company Info

Description

Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of gold resource properties in Alaska and British Columbia. It holds an interest in the Herbert gold property consisting of 84 mining claims located in north of Juneau, Alaska. The company is based in Vancouver, Canada.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.